Williams-Sonoma has hit the $1 billion online sales mark. The Internet is the fastest-growing channel for the upscale kitchen retailer.
Spartan Stores has agreed to sell 12 of The Pharm drugstores to Rite Aid. The move will take Spartan Stores out of the stand-alone pharmacy business.
Coupon use would increase during an economic downturn, with 67% of consumers more likely to use coupons. A survey shows that 58% of shoppers would increase their use of coupons if they could download them from the Internet.
Japanese fashion designer Rei Kawakubo will create a one-time Comme des Garcons for H&M collection. The line is scheduled to launch in November, coinciding with H&M's first Japanese store openings.
The growing number of bargain-hunting shoppers, along with increased product variety, has boosted the popularity of store brands. Store-brand sales hit $74.2 billion last year.